ASML Holding (ASML) Tops Q1 Views

ASML Holding NV (ASML) reported first quarter EPS of 0.93 euros before the opening bell Wednesday, compared to the consensus estimate of 0.92 euros. Revenues increased 10.4% from last year to 1.65 billion euros. Analysts expected revenues of 1.62 billion euros. For the period, net profit came in at 403 million euros ($429 million) vs. 305 million euros, or 0.70 euros a year earlier. The stock is now up $1.03 to $101.

For the second quarter of 2015, the company guided revenues of 1.6 billion euros, as compared to analysts’ expectations of $1.63 billion euros.

On valuation measures, ASML Holding N.V. shares, which currently have an average 3-month trading volume of 902,220 shares, trade at a trailing-12 P/E of 28.48, a forward P/E of 19.99 and a P/E to growth ratio of 0.95. The median Wall Street price target on the name is $107.58 with a high target of $140.00. Currently ticker boasts 18 ‘Buy’ endorsements, compared to 12 ’Holds’ and 5 ‘Sell’.

Profitability-wise, ASML has a t-12 profit and operating margin of 24.22% and 26.02%, respectively. The $43.28 billion market cap company currently prints a one year return of about 16% and a year-to-date loss of around 8%.

ASML Holding N.V. is a developer of complex technology for high-tech lithography machines for the semiconductor industry. The company was founded in 1984 and is headquartered in Veldhoven, the Netherlands.